Shares of Enel SpA (OTCMKTS:ENLAY – Get Rating) have earned a consensus recommendation of "Moderate Buy" from the ten research firms that are covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $8.63.

A number of equities analysts recently weighed in on the stock. UBS Group dropped their target price on shares of Enel from €9.50 ($9.60) to €9.00 ($9.09) in a research report on Friday, April 29th. Barclays decreased their price target on shares of Enel from €9.20 ($9.29) to €8.50 ($8.59) and set an "overweight" rating on the stock in a research note on Wednesday, June 22nd. HSBC downgraded shares of Enel from a "buy" rating to a "hold" rating in a research note on Friday, July 1st. JPMorgan Chase & Co. reduced their price target on shares of Enel from €9.20 ($9.29) to €9.00 ($9.09) in a research note on Thursday, April 28th. Finally, Royal Bank of Canada raised their price target on shares of Enel from €9.25 ($9.34) to €9.75 ($9.85) in a research note on Monday, June 13th.

Enel Stock Performance

ENLAY opened at $4.75 on Friday. The company has a debt-to-equity ratio of 1.29, a current ratio of 0.87 and a quick ratio of 0.82. The company has a 50 day simple moving average of $5.74 and a two-hundred day simple moving average of $6.49. Enel has a 1-year low of $4.68 and a 1-year high of $9.60. The firm has a market cap of $48.29 billion, a P/E ratio of 16.96 and a beta of 0.74.

Enel Cuts Dividend

About Enel

(Get Rating)

Enel SpA operates as an integrated electricity and gas operator worldwide. The company generates, transmits, distributes, purchases, transports, and sells electricity; transports and markets natural gas; supplies LNG; designs, develops, constructs, operates, manages, and maintains generation plants and distribution grids; and designs, constructs, and operates merchant lines.

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